There are two adjustment nuts on that switch to set the position. You can play with those first and see if that helps. It sounds like the switch is working in that it does cut off if you pull the pedal far enough out, but the range of the switch operation could be out of spec. If the switch is bad, the part numbers are (assuming you have a 91-92):
84340-30070 (w/cruise control) - approx $55 (full retail)
84340-32030 (w/o cruise) - approx $27 (full retail)
You can check pricing with
Carson Toyota which I'm sure will quote you a better deal that the prices I listed.
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